Entries by

More Users Flock to Crypto in Argentina, Peru

Crypto adoption is on the rise in South America, where Argentinians have opened at least two million crypto trading accounts, while Peruvian traders have broken new ground. Per Infobae, a “number of industry sources reported” that Argentines have been increasing their crypto buying in recent months. However, the media outlet noted that the experts agreed […]

Bitcoin and crypto markets crash on US crackdown reports

Bitcoin (BTC-USD) is experiencing a massive sell-off, shedding almost 15% in the last 24 hours — the biggest intraday drop since February. The drop appears to coincide with reports that the US Treasury is planning to tackle financial institutions for money laundering carried out through digital assets. Data website CoinMarketCap cited a blackout in China’s […]

Bitcoin to close April above $90K? When & where this bull wave will top

Stock-to-flow model creator PlanB has calculated Bitcoin could reach $92K by the end of April…but will it actually get there? The cryptocurrency markets experienced a monumental green wave this week. Bitcoin and Ether calmly made new all-time highs on the back of Coinbase’s direct listing and the Berlin hard fork. Meanwhile, meme-cryptocurrency Dogecoin blasted off […]

Dogecoin has risen 400 percent in the last week because why not

Dogecoin, a blockchain-based digital currency named for a meme about an excitable canine, has seen its price rise by a factor of five over the last week. The price spike has made it one of the world’s 10 most valuable cryptocurrencies, with a market capitalization of $45 billion. Understanding the value of cryptocurrencies is never […]

Coinbase goes public with a nearly $100 billion valuation

Cryptocurrency exchange Coinbase Global finally went public Wednesday afternoon at a valuation of nearly $100 billion, as the company takes advantage of surging demand (and prices) for bitcoin, ethereum and other digital currencies. Coinbase shares began trading at $381 a share, a more than 50% jump from the reference price for its stock of $250 […]

DogeCoin hits 10 cents: Why that has the internet excited

DogeCoin, a cryptocurrency created to parody the insanity of crytpocurrencies, reached a milestone on Tuesday when the price soared to 11.5 cents, the first time the cryptocurrency exceeded 10 cents in value. The market cap of DogeCoin — which started as a joke and is literally classified as “a memecoin” — is currently just over […]

Is Coinbase the Next Netflix, or a Blockbuster Video-in-Waiting?

The leading U.S. crypto exchange, Coinbase, is on the brink of a direct listing for shares in the company on NASDAQ, opening it up to scrutiny in the public equity market and demonstrating the extraordinary demand for cryptocurrency. Its staggering first-quarter results have all but guaranteed this stock-market debut will be one for the history […]

Ethereum Sets All-Time High of $2,197 as Crypto Market Surges

No longer content trailing Bitcoin, Ethereum is now leading market rallies and setting records. In the wee hours of the morning, the coin set an all-time high of $2,197. The price of Ethereum has hardly retreated since then; Ethereum currently trades for a price of $2,171. And its market cap, the second largest in all […]